Working with the Burlington-Puerto Cabezas Sister City, we are coordinating a relief effort for Puerto Cabezas. Donations can be mailed to: Hurricane Felix relief fund, c/o The Mayors Office, Room 34, City Hall, Burlington, VT 05401 (checks may be made out to The Burlington-Puerto Cabezas Sister City Program).
HUD ANNOUNCES FORECLOSURE PREVENTION PROGRAM
The U.S. Department of Urban Developments Federal Housing Administration (FHA) recently announced a new program which may help residents who are having trouble paying their adjustable-rate mortgages. Under the new FHASecure plan, FHA will allow families with strong credit histories who had been making timely mortgage payments before their adjustable loans reset to a higher ratebut who are now in defaultto qualify for refinancing.
It's important that people with adjustable rate mortgages know they may have this option to prevent foreclosure on their homes. I hope that residents who are now unable to pay their mortgages, or suspect they will be unable to pay their mortgages in the near future, take advantage of FHA Secure and call to find out whether they are eligible. For more information on this program call 1-800-CALL-FHA.
CATAMOUNT HEALTH; APPLICATION PROCESS UNDERWAY STARTING OCT 1
Ive mentioned this before, but this is a program that is important to talk about again. The States new plan to expand health care coverage, Catamount Health, is scheduled to begin November 1. Those who may be eligible for Catamount Health can apply beginning Oct. 1. The cost of Catamount coverage is based on household income and in general, but with some exceptions, you must be uninsured for the previous12 months to qualify. I encourage everyone who may be eligible to learn more about the program and consider applying for coverage. We need universal health care coverage, and while Catamount doesnt accomplish this, it should provide health coverage to more people. Get more information about Catamount at http://hcr.vermont.gov/ or call 1-800-250-8427. The Vermont Campaign for Health Care Security Education Fund is also available to answer questions at 1-866-482-4723